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FX.co ★ Greece Credit Growth Rises to 4-Month High

Greece Credit Growth Rises to 4-Month High

Total credit to the Greek economy increased by 4.6% year-on-year in May 2026, the fastest pace since January, after a one-and-a-half-year low of 3.9% in April. Lending to the private sector accelerated to 7.4%, up from 6.8% in the previous month, while the monthly net credit flow remained positive at €1,315 million, reversing a negative net flow of €1,216 million in April. Meanwhile, credit to the general government was unchanged following a 0.7% decline in the previous month, with the monthly net flow turning more supportive at €329 million, compared with a positive net flow of €135 million in April.

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